The proposed bill prohibits non-resident aliens and foreign entities from owning real property in the state of Montana. It mandates that any such ownership must be divested within six months, after which the property may be sold at public auction by the county sheriff. The enforcement of this provision is designated to the attorney general or the county attorney of the respective county where the property is located. Definitions for key terms such as "alien," "foreign entity," "real property," and "resident" are provided to clarify the scope of the law.

Additionally, the bill includes provisions for codification, indicating that the new section will be integrated into Title 70, chapter 1, part 1 of the Montana Code. The act is set to take effect on January 1, 2026, and will apply to properties purchased on or after that date.